Screening Beverage and Alcohol Import-Export Stocks with RSI and Control

Summary

This post outlines a Chinese equity screen that selects stocks in the beverage and alcohol import-export category when their 14-period RSI is below 65 and a same-day control measure exceeds a stated threshold. It presents the screen as combining a technical indicator, an industry filter, and a measure intended to reflect trading activity or market control. Formula and Python examples are included as implementation references, though their definitions and units are not fully reconciled.

The author warns that a single day’s control reading may not indicate a durable trend and that RSI can lag price changes. The post suggests adding trend measures and company fundamentals such as market value, revenue, and profit. It provides no backtest, performance data, or validation of the screen’s claimed valuation or growth implications, so the rules should be treated as a proposed filter rather than demonstrated evidence of an edge.

Key ideas

• The screen combines an industry category, RSI below 65, and a same-day control threshold.
• The post includes formula and Python examples, but their calculations may not align exactly.
• A single-day control reading may not indicate that a price trend will persist.
• The author proposes adding trend and company fundamental measures.
• No backtest or performance evidence is provided.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.